Fossil Energy
Repsol hires Deep Sea Mooring for NCS support
Global energy company Repsol has selected Deep Sea Mooring (DSM) to provide a range of mooring services for their drilling operations on the Norwegian Continental Shelf.
Decommissioning North Sea platforms to cost $66.3 B
Decommissioning North Sea oil and gas facilities is projected to cost £40.6 billion ($66.3 billion) over the next 25 years in the North Sea, Oil & Gas UK says. According to Oil & Gas UK when the time is right, oil companies will seek to decommission as efficiently and cost effectively as possible wh
Sulzer pulls out of Dresser-Rand talks after Siemens offers $7.6B
Germany’s Siemens will buy Dresser-Rand, a U.S.-based oilfield equipment provider, for a sum of $7.6 billion.
IMCA hits thousand members milestone
The International Marine Contractors Association (IMCA) now has over a thousand member companies involved in offshore, marine and underwater engineering in more than 60 countries, delivering major offshore construction projects from arctic to equatorial waters. “This is an important ‘membership mile
Greek oil drilling sector relaunched, Energean CEO says
Energean Oil & Gas has informed that on Thursday, 18 September, the Greek Parliament ratified its Licence Agreements for oil and gas exploration and production at the Ioannina and Katakolon blocks, Western Greece.
PTTEP acquires 20% in Shell’s block off Brazil
Thailand’s oil company PTTEP has bought a 20% interest from Shell in an offshore block in Brazil. The concession is located in the Espirito Santo Basin, in deep water of offshore Brazil, covering an area of approximately 550 square kilometers. This agreement is subject to the approval of Brazil’s Na
Otto Energy to sell Galoc for $100M. Focuses on Tanzania
Otto Energy Limited, the Australian exchange-listed oil company, has sold its stake in the Galoc field, in the Philippines, to Risco Energy Investments for $101.4 million.
New compressor to boost Kvitebjørn field production
A new compressor will help boost the recovery rate and accelerate production on the Kvitebjørn field offshore Norway, Statoil has said.
Iceland’s first PSV christened in Svalbard
Fafnir Offshore’s ‘Polarsyssel’ vessel, of the Havyard 832 L WE design, was christened in Longyearbyen in Svalbard on saturday.
Salamander Energy’s Bualuang EIA approved (Thailand)
Salamander Energy has announced that its Environmental Impact Assessment (“EIA”) for exploration drilling in the G4/50 licence, Greater Bualuang area, Gulf of Thailand, has been granted conditional approval. Of the 20 drilling locations in the original EIA, 18 have been approved subject to: updating
Sanctions freeze ExxonMobil’s Arctic drilling operations
ExxonMobil has confirmed it will stop its drilling operations in the Kara Sea, offshore Russia, to comply with the sanctions imposed against Russia by the U.S. Treasury Department.
TGS hires Polarcus vessel for GoM survey
Polarcus Limited has signed a Letter of Award with TGS-NOPEC Geophysical Company ASA for the charter of a Polarcus A-Class 3D seismic vessel offshore US Gulf of Mexico. TGS is continuing its Explorer Series seismic acquisition program in the deepwater U.S. Gulf of Mexico. Panfilo 3D will add 11,500
Total acquires Faroe Petroleum’s Glenlivet field stake
Faroe Petroleum has its sold ten percent interest in the undeveloped West of Shetland Glenlivet gas field to Total E&P UK Limited.
Most popular articles of the week, September 15 – 21, 2014
Death on FSO, Jobs slashed in Norway, Oil discovery in Angola, Scotland votes No, No crocs on choppers, NCS rig overcapacity, Exxon drilling halt in Russia, Qataris swoop for Keppel rig…